Zooz Strategy completes 1-for-20 reverse stock split

Key facts

• Zooz Strategy completed a 1-for-20 reverse stock split.
• The split was executed on both the Nasdaq and TASE.
• The reverse split consolidates existing shares into fewer, more valuable ones.

A reverse stock split is a corporate action where a company reduces the number of its outstanding shares by consolidating them. This is often done to increase the share price, making it more attractive to investors or to meet exchange listing requirements.